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Main => General Discussion => Topic started by: gitfan on February 08, 2016, 04:44:54 am

Title: Could someone could prepare very basic tutorial for newbie traders?
Post by: gitfan on February 08, 2016, 04:44:54 am

I know, that I can always buy cheap and sell high... but I am really confused by all that shorting and borrowing stuff.

I would like to get simple answer/instruction, what should I do, if I believe, that BTS will rise against USD?

Should I borrow then USD using BTS, and then sell USD by buying more BTS?

Quote

Could someone could prepare very basic tutorial for newbie traders?

If my understanding is correct, that would be very helpful if such tips would be available in gui... describing few scenarios. Descriptions of Prediction Assets has this kind of tips:

Quote

If you believe that the price will be above $40.00 buy and hold. If you beleive the price will be below $40.00 borrow and sell.

Title: Re: Could someone could prepare very basic tutorial for newbie traders?
Post by: cylonmaker2053 on February 13, 2016, 05:14:23 pm

i was actually going to post a new thread about this. i've been tinkering with the openledger platform and love the functionality, but feel like i'm a dinosaur trading. Any community effort to publish technical documentation, how-to tutorials, trading best practices, a handful of simple strategies with detailed walk-throughs, etc. would be extremely useful.

We're in a "Field of Dreams" situation where our devs have built an awesome infrastructure, we just need traders to come and play. Anything we can do to make trading easier has big value.
 

Title: Re: Could someone could prepare very basic tutorial for newbie traders?
Post by: Akado on February 17, 2016, 04:57:49 pm

@gitfan

I guess you should start here, to understand the mechanics:

http://docs.bitshares.org/bitshares/user/dex-trading.html
http://docs.bitshares.org/bitshares/user/dex-short.html
http://docs.bitshares.org/bitshares/user/dex-margin-mechanics.html